Vale to spend $12.2B in Brazil as Capanema reopens

Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment strategy through 2030. The reactivated Capanema unit in Ouro Preto, Minas Gerais state, will operate...

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